Marc Stad Dragoneer Investment Group
Marc Stad is the founder of Dragoneer Investment Group, a growth-oriented firm active in public and private technology investing. Dragoneer is known for long-term ownership of high-quality growth businesses and for participation in major technology financings. Stad’s public filings are closely watched for large-cap and growth-equity technology exposure.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Atlassian
TEAM
|
+$475M |
| 2 |
DAY
Dayforce
DAY
|
+$223M |
| 3 |
Pinduoduo
PDD
|
+$209M |
| 4 |
Duolingo
DUOL
|
+$201M |
| 5 |
DoorDash
DASH
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dynatrace
DT
|
+$195M |
| 2 |
Toast
TOST
|
+$98.9M |
| 3 |
nCino
NCNO
|
+$66.2M |
| 4 |
Kanzhun
BZ
|
+$61.1M |
| 5 |
Coupang
CPNG
|
+$51.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 41.69% |
| 2 | Consumer Discretionary | 36.13% |
| 3 | Communication Services | 13.84% |
| 4 | Financials | 4.27% |
| 5 | Healthcare | 4.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Root
ROOT
$864M
| $7.96M | 0.15% |
154,320
| – | – |
|
|
NXDR
27
Nextdoor Holdings
NXDR
$925M
| $5.56M | 0.11% |
2,000,000
| – | – |
|
28
Maravai LifeSciences
MRVI
$1.29B
| $5.37M | 0.1% |
+750,468
| New | +$6.48M |
|
|
WAY
29
Waystar Holding Corp
WAY
$4.8B
| $4.3M | 0.08% |
+200,000
| New | +$4.33M |
|
30
Reddit
RDDT
$29.5B
| $1.92M | 0.04% |
30,000
| – | – |
|
|
TEM
31
Tempus AI
TEM
$13.1B
| $1.75M | 0.03% |
+50,000
| New | +$1.53M |
|
|
ME
32
DELISTED
23andMe Holding Co
ME
| $196K | ﹤0.01% |
25,000
| – | – |
|
33
Snowflake
SNOW
$115B
| $67.5K | ﹤0.01% |
500
| – | – |
|
34
Grab
GRAB
$14.2B
| – | – |
-8,509,619
| Closed | -$26.7M |
|
|
35
nCino
NCNO
$2.26B
| – | – |
-1,771,454
| Closed | -$66.2M |
|
36
Amer Sports
AS
$19B
| – | – |
-300,000
| Closed | -$4.89M |
|
37
BBB Foods
TBBB
$6.11B
| – | – |
-800,000
| Closed | -$19M |
|
38
Astera Labs
ALAB
$49.4B
| – | – |
-300,000
| Closed | -$22.3M |
|
Similar funds
Marc Stad's Q2 2024 Portfolio in Review
As of Q2 2024, Marc Stad held 38 positions worth $5.23B, up 21% from $4.32B the previous quarter. Its ten largest holdings account for 69% of the portfolio.
Marc Stad deployed $1.13B of net new capital in Q2 2024, opening 9 new positions and adding to 6 existing holdings. Its largest new stake was Atlassian: 2,656,057 shares worth $470M.
By sector, the portfolio is most concentrated in Technology at 42% of assets, up from 39% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Dynatrace, an estimated $195M trimmed.
- Marc Stad's largest Q2 2024 buy was Atlassian: 2,656,057 shares worth $470M.
- Marc Stad added most to Pinduoduo in Q2 2024, an estimated $209M increase.
- Marc Stad's biggest Q2 2024 reduction was Dynatrace, cutting an estimated $195M.
- Marc Stad fully exited nCino in Q2 2024, selling an estimated $66.2M.
- Marc Stad's ten largest holdings make up 69% of its $5.23B portfolio in Q2 2024.
- Marc Stad opened 9 new positions and closed 5 in Q2 2024.
- Marc Stad's portfolio value rose 21% quarter-over-quarter to $5.23B.
Based on Dragoneer Investment Group's 13F filing for Q2 2024, filed 14 Aug 2024.